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BRIEF-Peabody Announces Private Offering Of $900 Mln Of Senior Secured Notes

Published 16/09/2019, 09:01 pm
© Reuters.  BRIEF-Peabody Announces Private Offering Of $900 Mln Of Senior Secured Notes

Sept 16 (Reuters) - Peabody Energy Corp BTU.N :

* PEABODY ANNOUNCES PRIVATE OFFERING OF $900 MILLION OF SENIOR SECURED NOTES

* PEABODY ENERGY CORP - INTENDS TO OFFER AND SELL TO ELIGIBLE PURCHASERS $900 MILLION OF SENIOR SECURED NOTES DUE 2026

* PEABODY - INTENDS TO USE NET PROCEEDS FROM OFFERING WITH CASH, TO PURCHASE ABOUT $495.3 MILLION OF OUTSTANDING 6.000% SENIOR SECURED NOTES DUE 2022

* PEABODY ENERGY CORP - INTENDS TO USE ANY REMAINING PROCEEDS FROM OFFERING, TOGETHER WITH CASH ON HAND, TO REDEEM ANY REMAINING 2022 NOTES

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